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Hi There,
Located in the North Central / Central Fl area and bought a SF about a year and a half ago, no real equity yet. Considering renting it out, ideally it cash flows since we have a fixed 2.75% 30 yr fixed, o...
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My business partner and I are trying to get a HELOC on a couple of properties, but the conventional financing route is not working for us because neither of us has a W-2 job and our credit score is to low because of l...
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Hello! My husband and I are living in a single family that was bought with an FHA loan. It was purchased in my name only prior to marrying my husband. We are looking at buying a duplex as a live in flip and hold while...
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I recently closed on my home, and have more months that I am supposed to owner occupy. I was fired from my job, and have two job offers out of state. My questions is how do I move without committing mortgage fraud? I ...
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So here's my situation-
I've slowly built a decent portfolio with decent cash flow.
I'm starting to run into roadblocks primarily with my DTI being too high to lend on.
I've got plenty of cash on hand.
Seeing m...
Everybody says you can find the best deals off market. I want to know if it's even plausible for my situation.I will need to do a FHA and probably have to have a contingency that I sell my primary residence. I don't w...
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Hey!
Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan. Our plan was to do the traditional house-hack, but things haven’t gone as planned.
During some self-testing...
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Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...
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Just trying to get some ideas on construction loan. I am thinking about building a house in Austin area (lot not purchased yet either). I am trying to think of what would work best- one time construction loan, borro...
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I saw a video a real estate video, and they were speaking on negotiating a discount on a subject 2 property with the bank.
im confused about something. ok, lets say you do a subject to on a pre foreclosure...